12 December 2025
Programme focuses on empowering more than 8,000 SME suppliers through Shariah-compliant financing, capability building, and digitalisation.

KUALA LUMPUR, 12 December 2025 – FGV Holdings Berhad (FGV) today reaffirmed its commitment to strengthening its supply chain ecosystem with the launch of its SMART Supplier Financing-i programme (SSF-i) with Maybank Islamic Berhad (Maybank Islamic).

FGV’s SSF-i is a Shariah-compliant financing solution designed to support the Group’s suppliers particularly small and medium enterprises (SMEs) by improving their access to working capital, strengthening cash flow, and enhancing business resilience.

Through the programme, which capitalises on FGV’s credit strength to offer suppliers more efficient and accessible financing, the company underscores its commitment to supporting the broader supply chain. This collaborative approach ensures mutual benefit, enabling suppliers to improve their financial flexibility while FGV continues to enhance its own operational efficiency. With ongoing efforts to streamline processes and strengthen internal support, FGV has achieved significant cost savings that are helping to reduce the company’s dependence on short-term borrowing and further solidify its financial position.

The collaboration also includes a revolving limit up to RM250 million financing facility from Maybank Islamic, which is expected to benefit more than 8,000 SME suppliers across FGV’s value chain, starting with RM50 million initial limit. This initiative supports the national agenda of strengthening SME capabilities as key drivers of Malaysia’s economic growth.

“The SMART Supplier Financing-i programme is more than a financing solution; it is a strategic enabler that strengthens our supply chain and supports SMEs that play a crucial role in FGV’s operations. By improving their access to Shariah-compliant financing and digital tools, we are helping our business partners build long-term resilience and competitiveness,” said Dato’ Fakhrunniam Othman, Group Chief Executive Officer of FGV.

(From right to left) Maybank Islamic Berhad CEO & Maybank Group CEO of Islamic Banking, Mohamad Yasin Abdullah, together with FGV Holdings Berhad Group CEO, Dato’ Fakhrunniam Othman, and FGV’s SMART Supplier Financing-i Project Lead, Shahrul Azman Mohd Mokhtar, at the launch event.

He added that the initiative complements FGV’s broader transformation priorities by promoting digital adoption, improving operational efficiency, and fostering a sustainable, future-ready supplier ecosystem aligned with Malaysia’s digital and IR 4.0 agenda, as well as the company’s Environmental, Social, and Governance (ESG) objectives, particularly in driving inclusive growth across the supplier ecosystem.

Under the programme, FGV and Maybank Islamic will collaborate on supplier-focused initiatives, including outreach programmes, briefings, capability-building activities, and co-branding efforts to increase awareness and participation in the SSF-i. Through a fully digital platform, suppliers will enjoy a more seamless and transparent financing process, from application to documentation.

“Maybank Islamic, as the largest Islamic bank in Malaysia, is proud to support our customers in strengthening their supply chain ecosystem. We continue to innovate and provide best-in-class products and solutions. This collaboration with FGV underscores our commitment to helping our customers and their ecosystems grow sustainably,” said Mohamad Yasin Abdullah, Maybank Group Chief Executive Officer, Islamic Banking and Maybank Islamic Chief Executive Officer.

FGV’s SSF-i was introduced earlier this year through a series of roadshows at Menara Felda, Penang, Trolak, Kuantan, and Johor. To date, eight FGV Business Units and 21 suppliers have been successfully on boarded under the pilot phase, with further expansion planned in the coming months.

This collaboration reinforces FGV’s commitment to building a sustainable, inclusive, and future-ready ecosystem where suppliers can thrive and contribute to broader industry and national growth.

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